Methods and Systems for Managing the Risks of Patent Coverage
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United States of America Patent
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Issued Date -
Mar 12, 2009
app pub date -
May 4, 2007
filing date -
May 4, 2006
priority date (Note) -
Abandoned
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Abstract
Presented herein are methods and systems for managing an entity's risks of patent coverage. More specifically, the present invention is directed to methods and system for insuring an entity against damage awards in patent litigation. The presented methods and systems allow a manufacturer to minimize their exposure to damage awards in patent litigation by conducting pre-emptive analyses and properly allocating funds for royalty payments and/or damage awards. An insurance market is also established to insure the manufacturer against excessive damage awards.
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